JAL Forecasts Larger $2.9B Loss For 2020

Japan Airlines Airbus A350-900
Credit: Rob Finlayson
Japan Airlines (JAL) now expects to record a net loss of ¥300 billion ($2.9 billion) for 2020 after its hopes for traffic recovery in the current quarter were dashed by a resurgence of COVID-19 cases in the country. In its fiscal 2020 third-quarter earnings released Feb. 1, the Tokyo-headquartered...

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